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Major oil-producing countries, including Saudi Arabia and Russia, have announced that they are cutting oil production by 2 million barrels per day. Americans will soon feel the effects of that decision when they fill up their gas tanks, but the impact will depend at least in part on where in the country they live. Ali Rogin reports. ....
In our news wrap Sunday, an ethnic mass killing in Ethiopia has claimed the lives of more than 200 Amhara people, Treasury Secretary Janet Yellen expects an economic slowdown but not necessarily a recession, voters in Colombia head to the polls in presidential runoff, Yellowstone National Park will partly reopen after flooding, and world swimming adopted new rules for transgender athletes. ....
In our news wrap Saturday, thousands of people in cities across the U.S. gathered for "March for Our Lives" rallies to demand action on gun control, President Biden visits New Mexico as firefighters battle wildfires and a heatwave hits the Southwest, the average price for a gallon of regular gasoline tops $5 a gallon, and the maker of the popular Sriracha hot-sauce suspends production. ....